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20130116
20130116
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CNBC
Jan 16, 2013 1:00pm EST
barack obama wants it talk about me in the state of the union speech, i will make an exception to my rule. >> that will be icky. >> based on goldman and morgan's good earnings, is wall street -- is wall street, look at that, did wall street ever go away, jane? >> not out where i live. people are like, what do you mean wall street went away? when was there suffering back there? oh, jamie dimon's pay is cut to only $11.5 million. oh, sorry. did anyone in the mortgage crisis go to jail? i never saw it go away. >> john carny. >> one thing they didn't do is pay their people as much as they used to p.m. banks used to pay out to 50% of profits or revenues right back into themselves, their own employees. out in ratios of compensation are way down. even goldman sachs is way below 40%. >> wow. >> all right. >> i know. >> let's move to a topic that we talked about guns. money and now butter. new research suggesting that aspiring ceos need to layoff the fries, fatty foods. but does anyone really care if a ceo is fat or skinny so long as they deliver the bacon, john carny? >> i think they do. rig
CNBC
Jan 15, 2013 7:00pm EST
done this already under entitlements. >> that is the big question. will president obama compromise? >> i'm not sure he is going to compromise on this debt ceiling fight. it is important to talk about the broader contours of this actual debate. a year and a half ago we had an increase of 1 $2.1 trillion. and we are through that. and now we are up to $17 trillion. so, in my view to be candid. there is only one party that is remotely serious about dealing with this party. if we are talking tactics, what do you do if you are house republicans? you have leverage. you have talked about them already on this show. one of them is the debt ceiling fight. and the final one is the continuing resolution which is the stop gap thing because we haven't had a budget for four years. i agree with you. i think the president has the high ground there. he has a big weapon in his arsenal there. you have to give the president his way on that. >> if you pay the debt but you have to apportion out the money, the term for that is default. >> mark, my basic view is this is going to get done. but i'd like to mo
CNBC
Jan 16, 2013 6:00am EST
really -- you know, you can't do it. you can't say, i'm not going to talk about this, i refuse to be a banana republic, especially when you voted for refusing to raise the debt ceiling in 2006, talking about president obama. >> let me give you a history. when i came to the congress in 1977, one of the first days i was there, tip o'neill saw me, said, you look like a nice young guy, we need somebody to carry out the trash. he said carrying out the trash is passing the debt limit increase. i spent five years. this is a crazy story, doing little else than going to my colleagues in the domestemocraty to get a vote in the debt ceiling. everybody wanted to vote against it because it could be used against them in the election. everybody knew it had to pass and every time it would pass by one or two votes after i worked on it for weeks and weeks. i said, this is crazy. everybody knows you have to pass it, you already spent the money, like going in a restaurant and saying, i don't want to pay the bill. that's cracrazy. we passed something called the gephardt bill when you pass the budget, you p
Search Results 0 to 2 of about 3